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Describe how ERP systems are designed.
Cost-Volume-Profit Analysis
The systematic examination of the relationships among selling prices, volume of sales and production, costs, expenses, and profits.
Investment Capital
Funds used by corporations or individuals for investment in projects or assets that are expected to generate returns or profit.
Initial Screening
The initial review process used in various contexts like employment or investment to determine if an applicant or opportunity meets basic criteria.
Cash Payback Method
A method in capital budgeting used to determine the duration needed for an investment to produce cash flows enough to reimburse the initial cost of the investment.
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